Nyobolt reaches a $1bn valuation with its $60m Series C, while Qutwo hits €325m only months after launch. AI continues across much of today’s funding, and ICEYE is reportedly targeting a €250m raise in satellite and defence technology.
Let’s dive in.
💰 Funding rounds
Cambridge-based battery technology company Nyobolt raised $60m Series C, reaching a $1bn valuation as it scales its ultrafast charging battery technology. Read more here.
Helsinki-based startup Qutwo raised €25m in an angel round at a €325m valuation to build an AI software platform for the quantum era. Read more here.
London-based startup Ethos raised $22.75m Series A led by Andreessen Horowitz to develop its AI recruitment and consulting platform. Read more here.
OpenTrade, a stablecoin yield infrastructure platform used by fintechs and exchanges, secured $17m in strategic funding to scale its infrastructure. Read more here.
Paris-based startup Davis raised €4.6m pre-Seed and launched Gaudi-1, its AI model for automated architectural design generation. Read more here.
Swiss startup Moonlight AI raised €2.8m Seed to develop AI-powered diagnostics software turning routine medical imaging into genomic insights. Read more here.
Galicia-based startup Humara raised €1.2m Seed to scale its AI-powered waste plant design and operations platform. Read more here.
Antwerp-based startup Maurice & Nora raised €1m to expand its non-medical in-home assistance platform for families and seniors. Read more here.
💡 Other news
Finnish satellite company ICEYE is reportedly targeting a €250m raise at a valuation above €2.4bn as demand for satellite intelligence and defence technology grows. Read more here.
Deel launched Akai, its internal AI agent system that now automates more than 100,000 cases a month across teams including Finance, HR and Benefits. Read more here.
🤝 M&A
UK-based startup VeloLife got acquired by Laka as the InsurTech expands its bike dealer network and M&A strategy across Europe. Read more here.
UK-based NHS software startup Medicus got acquired by Doctolib as the French healthtech company enters the UK market and commits £100m to primary care expansion. Read more here.
🎧 Podcasts
The Scaling Europe Podcast featured June Angelides MBE, Founder of the Portfolio Method and Venture Partner at Samos Investments, on building a decision-making engine to help people manage portfolio careers. Listen here.
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